The Australian Federal Court sentences four individuals for price fixing of the Australian dollar/ Vietnamese dong exchange rate and the transaction fees charged to customers sending money from Australia to Vietnam (Vina Money)

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Australian Competition Authority, Vina Money, Press release, 8 September 2022

First individuals are sentenced for criminal cartel conduct* The Federal Court has sentenced four individuals to suspended prison terms and imposed a one million dollar fine on Sydney money remittance business Vina Money in a prosecution conducted by the Commonwealth Director of Public Prosecutions (CDPP), following a joint investigation by the ACCC and the Australian Federal Police. The sentences relate to price fixing of the Australian dollar/ Vietnamese dong exchange rate and the transaction fees charged to customers who were sending money from Australia to Vietnam, which took place between January 2012 and August 2016. Four individuals, who were linked

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Australian Competition Authority, The Australian Federal Court sentences four individuals for price fixing of the Australian dollar/ Vietnamese dong exchange rate and the transaction fees charged to customers sending money from Australia to Vietnam (Vina Money), 8 September 2022, e-Competitions September 2022, Art. N° 108576

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